debt
confidence high
sentiment neutral
materiality 0.60
State Street issues $2.75B in senior notes across three tranches
STATE STREET CORP
- Issued $1.35B of 4.536% Senior Notes due 2028, $650M of 4.729% Senior Notes due 2030, and $750M of Fixed-to-Floating Rate Senior Notes due 2036.
- Net proceeds expected ~$2.737B after underwriting discounts and expenses.
- Underwriting syndicate led by Goldman Sachs, Deutsche Bank, Samuel A. Ramirez & Co., and UBS.
- Notes issued under existing indenture with U.S. Bank Trust Company as trustee.